The SEC’s Division of Investment Management (Division) recently issued an Information Update (Update) regarding changes to the SEC’s procedures for granting exemptive applications filed under the 1940 Act or the Advisers Act. Before issuing an exemptive order, the SEC provides a public notice summarizing the exemptive relief that will be granted unless a hearing is ordered and inviting interested parties to submit requests for a public hearing (a rare occurrence) by mail or personal service to the SEC and the parties to the application. The Update notes that because of COVID-19 disruptions, the SEC will specify in future notices that hearing requests are to be delivered by email to the SEC and to the parties on the application.